FY2026 EPS Estimate for Thor Industries Decreased by Analyst

Key Points

• KeyCorp has lowered its FY2026 EPS estimate for Thor Industries from $4.50 to $4.20, while the consensus estimate is currently $4.64 per share.
• The company's quarterly earnings report revealed an EPS of $2.53, exceeding analysts' expectations and indicating a year-over-year revenue growth of 3.3%.
• Thor Industries recently approved a $400 million share repurchase program, signaling confidence in its stock value according to the board of directors.

Thor Industries, Inc. (NYSE:THO - Free Report) - Research analysts at KeyCorp dropped their FY2026 earnings estimates for Thor Industries in a report issued on Thursday, July 31st. KeyCorp analyst N. Zatzkin now expects that the construction company will post earnings per share of $4.20 for the year, down from their prior forecast of $4.50. KeyCorp has a "Sector Weight" rating on the stock. The consensus estimate for Thor Industries' current full-year earnings is $4.64 per share. KeyCorp also issued estimates for Thor Industries' Q4 2026 earnings at $1.58 EPS.

A number of other research analysts also recently issued reports on the stock. Roth Capital set a $77.00 target price on shares of Thor Industries and gave the company a "neutral" rating in a research report on Monday, June 9th. DA Davidson upgraded shares of Thor Industries to a "hold" rating in a research note on Monday, April 14th. Truist Financial upped their price target on shares of Thor Industries from $72.00 to $78.00 and gave the stock a "hold" rating in a research report on Tuesday, June 3rd. Finally, Wall Street Zen raised Thor Industries from a "sell" rating to a "hold" rating in a report on Friday, June 6th. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Thor Industries currently has an average rating of "Hold" and an average target price of $87.63.

Thor Industries Price Performance

Shares of Thor Industries stock traded down $0.31 during midday trading on Monday, reaching $94.95. The company had a trading volume of 212,468 shares, compared to its average volume of 765,791. The company has a market capitalization of $5.05 billion, a price-to-earnings ratio of 22.79, a price-to-earnings-growth ratio of 1.89 and a beta of 1.21. Thor Industries has a 1-year low of $63.15 and a 1-year high of $118.85. The company has a current ratio of 1.71, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock has a fifty day simple moving average of $89.69 and a 200 day simple moving average of $86.57.

Thor Industries (NYSE:THO - Get Free Report) last posted its earnings results on Wednesday, June 4th. The construction company reported $2.53 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.74. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.60 billion. Thor Industries had a net margin of 2.32% and a return on equity of 6.15%. The firm's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.13 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. raised its stake in Thor Industries by 2,463.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the construction company's stock valued at $25,000 after acquiring an additional 271 shares during the period. Curio Wealth LLC lifted its stake in shares of Thor Industries by 33,300.0% in the 2nd quarter. Curio Wealth LLC now owns 334 shares of the construction company's stock valued at $30,000 after acquiring an additional 333 shares during the last quarter. UMB Bank n.a. increased its position in shares of Thor Industries by 135.6% in the first quarter. UMB Bank n.a. now owns 483 shares of the construction company's stock valued at $37,000 after acquiring an additional 278 shares during the period. Signaturefd LLC increased its stake in shares of Thor Industries by 86.6% during the second quarter. Signaturefd LLC now owns 446 shares of the construction company's stock valued at $40,000 after buying an additional 207 shares during the period. Finally, Parallel Advisors LLC boosted its position in Thor Industries by 198.3% during the 2nd quarter. Parallel Advisors LLC now owns 516 shares of the construction company's stock valued at $46,000 after acquiring an additional 343 shares in the last quarter. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Peter Busch Orthwein acquired 3,000 shares of Thor Industries stock in a transaction on Friday, June 20th. The stock was acquired at an average cost of $85.40 per share, with a total value of $256,200.00. Following the transaction, the director owned 136,400 shares of the company's stock, valued at approximately $11,648,560. This trade represents a 2.25% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.50% of the company's stock.

Thor Industries announced that its board has approved a share repurchase program on Monday, June 23rd that authorizes the company to repurchase $400.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 8.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Thor Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, July 1st. Thor Industries's dividend payout ratio is presently 47.96%.

About Thor Industries

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.